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Have we reached peak oil and can we survive it?

4283 Views 41 Replies 23 Participants Last post by  LeafStew
Some experts in the oil industry believe world oil production peaked in 2005 or 2007, even the most optimistic predictions go to only 2020. I have really been thinking about peak oil and sustainability lately, and I think the US is in for some VERY hard times in 5 to 10 years. I see NO efforts for oil conservation and it might be too little too late by the time people even begin to use alternatives in any significant way.

My hope for the future comes from nanosolar and nuclear energy but we still need an oil based economy to make that transition, it would take at least a minimal of 20 to 40 years to make a transition on that scale and we only have 5 to 10 years from peak oil AT MOST. Our whole economy is based on unending growth and that is unrealistic with the finite resources we have, this includes water, coal, and other non-renewables too. At worst, our entire civilization could collapse and this has happen before to the Romans and the Mayans.

We might have to go to a more localized lifestyle in the future and that's if we make a peaceful transition. I have been trying to factor peak oil into my career choice and future expectations. Maybe emerging technologies can get us out of this mess like nanotechnology, solar, nuclear, bio, geothermal, wind, and natural gas.

What do you think will be the implications of diminishing energy resources on gobalization, US economy, and your personal future?
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The middle east running out of oil could be a very bad thing. Wars could start because of that. It is my understanding that the US really does have a lot of untapped oil reserves. If all the oil in the middle east is depleted and the US ends up being the only place with any significant reserves left, that could possibly paint even bigger targets on us if the rest of the world is struggling to get oil. The US has pretty much followed the philosophy of, lets use everyone elses oil up and then when it runs out, we will be the only ones with any left.
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I think in some ways the industrial revolution was our downfall. Not that it was a bad thing, but I do not think we did our due diligence during that time to cover the cons like we did the pros. There was no forethought into the preservation of the resources.
The problem with government policies when it comes to issues like these is that most politicians are only concerned about their own term, so they leave the future problems to someone esle. Add to that even if they did start sufficient policies another person with different political and economic concerns will take their place and the policies they started in their term won't see completion.

Which is why this country needs a leader that can actually unite and form a common goal for all.
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